Trade Archive

After winning the October 2013 elections, the new Coalition government of Prime Minister Tony Abbott inherited the difficult task of readjusting Australia’s strategic and defense policy. Power shifts in Asia have already begun to challenge fundamental aspects of Australia’s strategic posture. The rise of China and the relative decline of the U.S. position in the Asia-Pacific region potentially put Australia in a difficult position: that of maintaining close relations with both its major ally, the United States, and its most important trading partner, China. If Sino-U.S. relations become even more competitive, Canberra could find itself between a rock and a […]

For many in Washington, last month’s two-week shutdown of the federal government is already ancient history, replaced by a focus on the travails of the Obamacare website and feverish speculation about Hillary Clinton’s prospects as a presidential candidate in 2016. But the aftershocks of the shutdown continue to reverberate around the world. In particular, there is concern that President Barack Obama will have difficulty getting Congress, particularly a Republican-controlled House of Representatives, to vote in favor of giving his administration the flexibility it will need to conduct delicate negotiations, both with foes as well as with friends. The continuing negotiations […]

Hondurans will vote Sunday, Nov. 24, in a presidential election that polls suggest is too close to call. U.S. interests are plainly at stake, but this has less to do with the individual who may end up being elected than with the legitimacy of the election itself and how the new president, once in office, chooses to govern. In what should be a clarifying and unifying election, the electorate instead is polarized, and at least three of the leading candidates are each convinced they will win. Official results may not be known for a week or more after the election; […]

Russian President Vladimir Putin’s trip this week to Vietnam and South Korea, which follows last week’s unprecedented foreign and defense ministerial meeting in Japan, testifies to Moscow’s continuing efforts to raise its profile in Asia. Last year, Russia hosted its first Asia-Pacific Economic Cooperation (APEC) conference; the previous year, it joined the East Asian Summit. Half of Russia’s arms exports flow to Asian countries, which also buy Russia’s oil and gas as well as its civil nuclear technologies. Like their Western counterparts, Russian analysts consider that demographic, economic and other trends will make the Asia-Pacific the world’s most important region […]

Chinese Foreign Minister Wang Yi recently met with his Bangladeshi counterpart Dipu Moni, in part to advance a proposed Bangladesh-China-India-Myanmar (BCIM) Economic Corridor. In an email interview, Nimmi Kurian, associate professor at the Center for Policy Research in New Delhi and India representative at the India China Institute at the New School in New York, explained the BCIM proposal and its vision for regional integration.* WPR: What is envisioned in the proposed BCIM Economic Corridor? Nimmi Kurian: The BCIM Economic Corridor is a proposal being actively considered by both the governments of India and China to promote subregional cooperation among […]

On Nov. 4, French President Francois Hollande received his Tunisian counterpart, Moncef Marzouki, at the Elysee Palace to discuss bilateral ties as Tunisia continues in its halting democratic transition. The visit coincided with yet another stalemate in recently renewed political talks within Tunisia’s National Constituent Assembly (NCA), the body formed in 2011 to draft the country’s new constitution. The 2011 Tunisian uprising that resulted in the ouster of former dictator Zine al-Abedine Ben Ali marked a new chapter for French-Tunisian relations, born out of colonial ties and maintained today through economic partnership. Amicable relations with Ben Ali flourished particularly under […]

Turkey’s decision to buy a Chinese-made air-and-missile defense system has aroused undue anxiety about Ankara’s ties with Beijing. While the purchase of the untested Chinese system is unhelpful from the perspective of NATO interoperability as well as Turkey’s protection, Ankara and Beijing see the deal primarily as a business transaction rather than as a precursor to closer security ties. The Chinese firm simply offered better co-production, technology transfer and pricing terms than did the competitors. Turkey’s acquisition program aims to establish a national air-and-missile defense system that can intercept incoming ballistic missiles inside the atmosphere. On Sept. 26, after years […]